Unlock all features! Tap here to upgrade
This property looks like a bad Mid-Term investment with a projected -19.5% first-year return on $224k initial cash invested.
-19.5%
Cash On Cash
1.75%
Cap Rate
0.29
DSCR
$4,461
Rent
-$3,634
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$4,461 income − $8,095 expenses = $3,634 out of pocket
Investment Breakdown
|
Purchase Price
$979k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$224k
Downpayment
20%
$196k
Closing costs
1%
$9,790
Rehab
0%
$0
Furnishing
2%
$18,000
Cashflow
Total Income
$4,461
Total Expenses
$8,095
Mortgage P&I
109%
$4,880
Property Taxes
30%
$1,356
Home Insurance
8%
$343
HOA
0%
$0
Property Management
12%
$535
CapEx
4%
$178
Vacancy
3%
$134
Maintenance
4%
$178
Other
11%
$491